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Commodity Market, Commodities News Today | The HinduBusinessLine

India could limit sulphur exports as supplies tighten, sources say India turns to US, Oman, Nigeria for LNG imports in March as Qatar, UAE supplies dry up China resumes buying broken rice from India Silver Price Today April 16: Latest rates in Delhi, Mumbai, Kolkata, Chennai & Bengaluru Gold rate today April 16: Gold rates up in Mumbai, Delhi, Chennai, Kolkata, Ahmedabad & Bengaluru Indian LNG importers scoop up spot shipments after prices recede Limelight Lab Grown Diamonds targets tier 2-cities with 25 stores in Q1 Crude oil futures edge up despite hopes of US-Iran ceasefire extension ‘Iran war oil shock as disruptive as Covid’ Iran war brings US close to net crude exporter for first time since World War II NAAS suggests govt to consider one-time licensing for imported horticulture hybrids India targets cocoa self-sufficiency by 2040 with national mission and reforms Why is Gold rate surges past $4,850 & Silver crossing $80? Crude unlikely to return to pre-war levels soon; India's import bill may rise $70 billion annually: Report US shuts down Iran’s maritime trade despite optimism for more talks Brent crude edges up ahead of fresh US-Iran talks Global fertilizer supply crunch tightens farm economics Crude oil prices fall for a second day on expectations US-Iran talks may resume Madhya Pradesh CM says basmati rice from the State is exported to 47 nations Russian crude oil imports rebound in March as PSU refiners lift record volumes Oil prices hit record high in March as refiners try to replace West Asian grades: IEA India’s gems and jewellery exports plunge 35% in March on weak demand Inflows into gold ETFs turn positive in past fortnight India’s Russian oil imports surge to €5.3 billion in March on higher volumes Russia restricts helium exports as global supply tightens amid Middle East tensions India’s oil security under pressure as West Asia crisis exposes import dependence risks Fuel price freeze: ₹18/litre loss on petrol, ₹35 on diesel Iran oil hoard at sea shields China’s refiners from US blockade Oil declines as US, Iran weigh more talks; 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IREF seeks to partner with APEDA in Basmati crop survey
2026-05-14 · via Commodity Market, Commodities News Today | The HinduBusinessLine

Indian Rice Exporter’s Federation (IREF) has said it is willing to collaborate with APEDA in the Basmati crop survey exercise. The collaboration between APEDA and IREF for the Basmati Crop Survey 2026 can be positioned as a strategic public–industry partnership supporting accurate production forecasting, export planning, farmer outreach, and global credibility of Indian Basmati rice, it said in a letter to APEDA Chairman Abhishek Dev.

businessline on May 6 reported that the AI-based basmati paddy survey project is to be implemented by APEDA covering approximately 4 million hectares, despite the fact that this premium aromatic rice crop is grown on only 2.14 million hectares, as per APEDA’s own 2023 report. It has fuelled intense discussions regarding a potential expansion of the current Basmati Geographical Indication (GI) zone, a move that remains contested, given that the legal inclusion of Madhya Pradesh is still sub judice. Besides, APEDA has selected only one other industry body, All India Rice Exporters Association to collaborate on conducting the survey.

In his letter to APEDA last week, IREF’s director general Vinod Kumar Kaul has said that the government’s agri export promotion body had earlier been conducting annual Basmati crop surveys through its Basmati Export Development Foundation (BEDF), using satellite imagery, field surveys, crop health assessment, and yield estimation across Basmati GI states.

“But, since 2023, it is understood that the Surveys were not conducted. IREF recommends that APEDA may re-start the Basmati Crop survey which serves as a pivotal point for exporters to make well conceived business policy decisions based on crop situation. IREF is willing to collaborate with APEDA in this exercise.

“The collaboration between APEDA and IREF for the Basmati Crop Survey 2026 can be positioned as a strategic public–industry partnership, supporting accurate production forecasting, export planning, farmer outreach, and global credibility of Indian Basmati rice,” Kaul said.

IREF has also proposed that the Survey should have two segments -- GI region states and other regions such as Madhya Pradesh and Rajasthan, which are also known to be growing Basmati. Through its extensive network of exporters, millers and field-level industry stakeholders across Punjab, Haryana, western Uttar Pradesh, Uttarakhand, Jammu and Kashmir and other Basmati growing regions, IREF can extend support in facilitating coordination between survey teams and farmer clusters, Kaul said.

Further, IREF can also assist in dissemination of survey-related information among stakeholders, support validation of survey findings through local industry inputs, share export market trends and varietal demand patterns in key international markets.

The industry body is also ready to participate in technical consultations and stakeholder review meetings, if considered appropriate by APEDA, Kaul suggested adding such an institutional collaboration would contribute towards enhancing the accuracy, outreach and effectiveness of the survey and strengthen the overall Basmati value chain.

Published on May 14, 2026